Key Market Indicators
Thailand's sparkling wine export is expected to reach $3.6 million by 2026, up from $2.9 million in 2021 – a growth of 3.3% year-on-year. From 1994, Thai supply has seen a 19.6% average annual increase. In 2021, Thailand ranked 34th, with Russia coming in just ahead at $2.9 million. Italy, Spain and Singapore followed in second, third and fourth places respectively. On the other side of the equation, Thai sparkling wine import is forecast to reach $16.8 million by 2026, rising from $13.9 million in 2021, for a 3.1% average year-on-year growth. Since 1993, Thai demand has increased by 7.3% annually. In 2021, Thailand was 38th, with Romania coming in first at $13.9 million. The United Kingdom, Japan and Germany respectively took second, third and fourth places.
